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of the "wall street journal," economy grows at 2% pace. consumers, government spending, powered third-quarter gains, but growth likely to slow down. and that's what we want to talk to you about for the first 45 minutes of this edition of the "washington journal." good morning. today is saturday, october 27. we want to talk to you about your optimism or pessimism about the economy. things getting better? things getting worse? are you doing all right? could you be doing better? we want to talk to you about the economy, your optimism, and your pessimism in terms of your personal economy and not necessarily how you feel the candidates will do, what they might do for the economy once they get elected. 202-585-3881 for republicans. for democrats, 202-585-3880. for independents, 202-585-3882. and you can also reach out to us via social media. the address on twitter, @spanwj. facebook.com/cspan. and email, journal@c-span.org. more from the article this morning from the "wall street journal," economy grows at 2% pace. josh mitchell and refugee write -- -- and jeffrey write -- host: we'll take
for a second a look at the economy, generally speaking, you have states important swing states where the unemployment rate is lower than the national average. but the recent set of data we see a brightening of consumer attitudes. we see consumer sentiment and surprisingly at a five-year high despite historically high gas prices. despite a lot of the concerns that this is our expressing. we've seen really weak investment and orders in particular. so whether consumer sentiment will continue to hold up and importantly whether that will actually suggest that voters are in a better mood than even the economic figures suggest, could give obama some more support than you might otherwise see and what's relatively weak period of growth. >> whoever it is elected in november is going to be looking at a real takeoff of the economy. all this money that'scying on the sidelines is put to work -- that's sitting on the sidelines is put to work. the u.s. is attractive compared to others around the world. the takeoff is scoming but won't come in time. chris: a lot of things going on. every voter has to
making closing arguments on an issue that's been front and center throughout the campaign. did an economy in need of a spark find one in october? u.s. employers across nearly all sectors were hiring, for a net gain of 171,000 new jobs. the labor department also revised its august and september figures higher, by 84,000. all told, it signaled slow but steady growth, and it was news that president obama wanted to play up in the campaign's final weekend, especially in one critical state. >> "oh (io), oh (io)" >> brown: the president made three stops in the buckeye state, starting in hilliard, just outside columbus. >> in 2008, we were in the middle of two wars and the worst economic crisis since the great depression. and today, our businesses have created nearly five and a half million new jobs. and this morning, we learned that companies hired more workers in october than at any time in the last eight months. ( applause ) >> brown: and the trend line seemed promising, as well. since july, the economy has added an average of 173,000 jobs per month, up from just 67,000 a month in the spring.
's jobs report is, quote, a sad reminder that the economy is at a virtual standstill. a standstill? we've had 32 straight months of private sector job growth. that's nearly 5 1/2 million jobs. president obama took us back from the brink of an economic catastrophe. that's leadership. that's a heck of a closing argument and what governor romney is offering doesn't even stand. joining me is krystaal ball and alicia menendez. krystal, will we look back and say that this is the week that decided this election? >> i think we will look back and say this is the week that he sealed the deal. if the president came into this week with a lead in the critical battleground states, he came in with a little bit of momentum, although things were relatively static. but i do think between the response to hurricane sandy, between the way that governor christie embraced him this week, mayor bloomberg's endorsement, the magazine endorsement and then the jobs number today i think sealed the deal. i think it's the critical piece. as we respond as a country to a natural disaster to a crisis situation, we reali
to stimulate the economy is hire more teachers. well, the answer to that is, of course they would say that, they are teachers. i think the best thing to stimulate the economy is to hire more conservative journalist. [laughter] >> i think it is just self-evident that that would work. [laughter] >> that is logic to consider that it rejects other forms of federal spending. there is also a form of keynesianism that sweeps into conservative economic thinking once you get into defense spending. they begin to talk about the loss of jobs at the close on a military base and the multipliers that we have is the hairdresser who, you know, is cutting the true terror won't have a job that point. that may come on some level be true. i could be argued with every program. with other programs we look in terms of how that money could otherwise be spent and who might otherwise be employed and what other economic opportunities are lost as a result of the government spending. but when it is defense spending, conservatives have a bit of a blind spot with that. the purpose of national defense is defending the nat
don't vote we could have bush versus gore all over again. the economy, stupid. friday the last jobs report before the election. last month, it gave the president a boost. will the october number matter more? i'm chris matthews. welcome to the show. with us today, "time" magazine's joe klein. the bbc's katty kay. cnbc's kelly evans. and "the washington post's" david ignatius. first up, we're staring down at the wind tunnel now but historic perfect political storm in the coming nine days of this campaign. and these closing days when we played out in mind games on both sides. the president saying he jist wants to hold on -- he just wants to hold on. >> what we have is a lead that we've maintained throughout this campaign. and we are going to just continue to drive home the message that there are two fundamentally different choices in this election. about where we take the country. chris: and he's on the air with a fear factor ad. >> 537. the number of votes that changed the course of american history. >> florida is too close to call. >> so this year, if you're thinking that your vote d
, to big an economy. the government can effect the direction of developments not the degree. >> the medication isn't that much stronger. i mean, you rule out protectionism, trade wars with china that kind of stuff which a lot of people reach to as a cure what's in the disease. >> yes. >> you're obviously strongly in favor of a marshall plan for middle class skills. community colleges. >> absolutely. and i think we can do some pretty radical things in education and training. you know, i don't see why education should be -- should cost -- why higher education should cost any american more than a nominal amount. i think that we can give tuition-free scholarships to everyone who attends public schools, public universities. and we have great public universities in america. and it would be a matter of rechanneling the student aid we now provide into this. and it would take it away from the private universities. i am saying look i'm a product of private universities but as a matter of public policy the distribution of money between the private and public sector in education i think
. they are all fired up! >> i know he that when i'm elected the economy and the american job market will still be stagnant. but i won't waste any time complaining about my predecessor. and by the way, i'm not just going to take office on january 20, i'm going to take responsibility for that office as well. >> this is a choice not just between two candidates or two parties. it is a choice between two fundmentally different visions of america. it is a choice between going back to the top down policies that crashed our economy or assessing the kinds of policies that will make sure we have got a strong and growing middle class. that is the choice. >> i think if people look to the future they realize the last four years haven't worked and that mitt romney is the only one with a plan to turn things around. >> i want the election over with us i want to win it. i want to start moving forward. i want to stop this regression that we are in. economic recession. the silly transformation of america obama has undertaken. we want to get busy and start reversing this. the enthusiasm and momentum there is no q
is trying to keep voters focused on the economy telling them he could do better than president obama. jim acosta is traveling with the romney campaign. >> we've been traveling by bus over the last few days, ohio and iowa, one thing we've heard, he's been debuting this new theme, he is the agent, he is the candidate of big change and the president is just more of what he calls the status quo. one thing we can also report is the romney campaign is right now sort of riding a wave of momentum, some recent polls, not just nationally but across several swing states have shown romney gaining some traction and getting very close to overtaking the president in several key swing states and both nationally. now, the romney campaign did put out a memo earlier in the week throwing cold water on one ohio state poll they took issue with saying it wasn't properly calibrated but they are also at the same time touting a new "washington post" poll showing mitt romney leading the president nationally and doing very well among independents. at the same time we should p point out that along this tour he has hi
better if we intend to compete in the global economy. last year, i traveled to china, and i visited several universities. the gnarl investment -- national investment in these universities, research facilities, and higher education is something to behold. over the last 30 years, china has had a 58-fold increase in spending in education, health, and social investments. according to o report from the center for american progress, by 2030, china will have more than 200 million college graduates, more than the entire u.s. work force. in five years, india will be producing five times as many college graduates as the united states. these are the facts that drive the decisions we must make as we position penn state to succeed in the future. part of that strategic planning requires getting out and staying out in front of the information technology revolution, which has been among the most significant drivers of educational change in the last 15-20 years. it's also been like a run away train. one response to the higher education funding crisis has been increased appeals, especially from legis
knew the economy was still the main thing. so you knew you wanted to go with the economy. >> cenk: oh, you climate change people. it's like a little niche that care about the planet, that care about giant storms hitting us left and right and care about record temperatures being broken and record floods and record floods. you climate change people, we didn't have time for you. that's only the planet. that's the media ignoring planet change. how about the republicans? well, of course they think it's a joke. listen to what romney said during his convention acceptance speech. >> president obama promised to begin to slow the rise of the oceans. [ laughing ] and to heal the planet. my promise is to help you and your family. [ cheering ] >> cenk: unless of course your family is in the middle of hurricane sandy good luck to you. i'm not going to help you at all. they literally think the climate change is a punch line. the planet, it's getting warmer. isn't that funny as your family is in great danger over it. ha ha, ha, ha, yeah, really funny. really appreciate it. who are the people who are
show how tough the economy is. 17% on food stamps. i'm glad we have unemployment programs and food stamp programs and i'm glad we have a number of companies that have come to delaware. we have not done enough. we have to much burdensome regulation. we still raised taxes during this recession which we drove back. personal income tax and we need to create a stable business environment. we have not done a good enough job creating that environment and that is borne out by the numbers. >> where do you stand on your blueprint for delaware? >> we have implemented the majority of items in their and we have more to go. some of them we did not have the resources. i said we ought to create a delaware version of a cops bill. we have made progress there as well. it is not spin to the hundreds of workers were back at the refinery. it is not spin to the people who decided to expand in delaware. it is not spin to the folks at foxfire printing who are adding dozens of jobs. it is not spin to the people at jpmorgan chase. these are real jobs, real families being put back to work. >> fill free to off
are needed each month to turn the economy around. so that is the big number we have. that's where we start. good morning. i'm bill hemmer. welcome here. morning, martha. martha: good morning bill. what a week. it is friday. welcome everybody, i'm martha maccallum. this jobs report today could be the freshest things people have in their mind in terms of a economic number when they head to the polls in a few days. this short shows it has been a very slow, sluggish recovery. the government reports real unemployment, this is the number we want to focus on, 14.6%. we say that for a good reason. that includes people that are underemployed, even people only worked one day, get counted in the underemployed, part time emed employed. some just have given up. bill: stuart varney, anchor fox business network. good morning to you. start with the more significant number you find there. what is that, stuart? >> that is the real unemployment rate. that gives the true picture of the employment situation in america today. the that real unemployment rate is 14.6%. that is a dismal picture of the employment p
as coming in with the latest report. so it does suggest this economy is gaining steam and that has lifted the president just a few points but that makes all the difference in this cycle. >> perry, your latest article is titled i want to be able to say this on tv, it's the obama care, stupid. why election 2012 is about health care, not the economy. but explain to me what you mean. >> what i mean is we've talked a lot about the economy. bill clinton has, president obama has, mitt romney has in reality the president has very limited control over how the economy works and whether jobs are created or not. this is something out of the president's control. mitt romney says he'll create 12 million jobs. but a lot of analysts say 12 million jobs are created whether it's mitt romney, president obama or alex witt as the president. not clear the president has that much power over the economy. on health care the president has a lot of power in terms of what he can do. mitt romney wants to repeal health care which will be a big change. president obama wants to implement the health care bill which reall
development and the jobs numbers can play into that. people are saying they feel good about the economy even though they don't trust the president. >> i see these job numbers as basically being status quo. they can affect things in a big way. the decimal point kicked up one point but the actual job number was a little higher than forecasted. mitt romney has won the economy, not by a huge margin. generally, that's a good thing for a challenger. he's won the issue of bipartisan. i think president obama's trying to close some of that ground. but people will say that the ability to capture the center is important to them. they seem to be tilting a little bit in mitt romney's favor. those are good fundamentals. they don't make up, in my mind, as best we can tell for the very formidable electoral college math that is working much more in president obama's favor. gwen: what do you think about that, jackie? >> i agree. we could be looking at, we're all sort of talking and gaming an electoral college victory for the president who loses the popular vote. does anybody really think that's going to happe
any attempt to stimulate the economy or pass legislation to help create jobs in this country. they openly brag about that, you know, their plan is to make president obama a one-term president. they kill compromise deals, brokered between democrats and republicans. this is the party mitt romney will lead if he's president. he won't reach across the aisle. he'll turn his back on the folks on the other side of the aisle. and it will be more of the same. mitt romney has no plan for taxes. he can't be direct on that. he has no plan when it comes to repealing obama care and what he's going to replace it with. and what about immigration? which in these last few weeks hasn't gotten a whole lot of attention. he has no plan for america. and now he's going to be the guy who's going to reach across the aisle? get your cell phones out. i want to know what you think. tonight's question. who do you trust to work with the other side? text "a" for president obama, text "b" to mitt romney to 622639. always to our blog at ed.msnbc.com. we'll bring you the results later on in the show. joining m
frenzied weekend with obama and romney sparring on the such over the economy. well, supporters are working on getting out tuesday's vote. john harwood has been watching all of it. good evening, john. >> reporter: larry, as they crisscross the battleground states the presidential candidates got one last fresh piece of economic data before tuesday's election. that was the october jobs report. it was better than expected which allowed president obama to deliver a message of how far we've come. >> in 2008 we were in the middle of two wars and the worst economic crisis since the great depression. and today our businesses have created nearly 5.5 million new jobs and this morning we learned companies hired more workers in october than at any time in the last eight months. >> reporter: as you'd expect, larry, mitt romney stressed the opposite case which is unemployment today remains higher than it was when president obama took office. >> he said he was going to lower the unemployment rate. down to 5.2% right now. today we learned that it's actually 7.9%. and that's 9 million jobs short of what he
and washington is in gridlock because of it president obama reminds us that he inherited a terrible economy. it's not what he inherited but with the misguided policies that slowed the recovery and caused millions of americans to endure lengthy poverty. >> eliot: with change in the latest theme for the drive to the white house smith fired back saying, the only ching romney is offering is to take us back to the same failed policies that crashed our economy in the first place. president obama made a similar observation a little more colorfully when he said, kids have have good instincts. they look at the other guy and say well there is a bser, i can tell. president obama is rattled on the defensive. he's running on empty and has nothing left but attacks and insults. with just 11 days ago before election day both camps feel the pressure. likely voters favored romney over the president by one point in a "abc news" washington post. and five points in in the latest gallup tracking poll. an american research poll showed the president with a two-point edge. we should know next week whether the singer me
the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. . >>> residents of char lsten and other cities are awaiting sandy's approach. the exact time and location of landfall, who knows. the storm is currently in the atlantic ocean. meteorologist alexandria steele will be along with the latest on is the storm's path. >>> sandy is expected to have a major impact on land and in the air. now, right now, amtrak says all of its trains are operating as scheduled. crews, of course, monitoring tracks throughout the northeast, though. >> meanwhile, several airlines are revising their change fee policies ahead of the storm. what they charge you if you want to fly at a different time. you have to check with your specific carrier for the details. >>> all right, let's move you to syria. evidence that a cease-fire is not holding right now. it was called to mark a muslim holiday. >> 12 people have been killed today. 150 other
here economy. autos. talk what go said barack obama that said were a few wars. one was about the auto industry. he said, you want to take those companies to bankruptcy. i supported a rescue package for the autos, but what obama said was not true. it was barack obama who took gm and chrysler through bankruptcy, ok? >> right? second, it was mitt romney who absolutely did provide for loan guarantees to ensure the warranties were backed up. that is what every fact checker who has looked at what obama said said he was wrong, he was not telling the truth. now, this is what is most important to this guy here and the other uaw workers that are here. it is the policies that mitt romney and paul ryan want to put in place that will make the auto industry strong -- [indiscernbile] he wants sensible regulations. he wants tax reform that will ensure we can get the auto companies back on their feet. he wants to make sure that trade is fair. he wants workers trained to work better for them. he wants their energy costs now. that is what will keep energy -- otter jobs here in ohio. that is what mitt ro
thought. the unemployment rate inched up from 7.8% to 7.9%. the economy added an average of 173,000 jobs per month since july. mitt romney issued a statement that said the unemployment rate is a sad reminder the economy is a virtual standstill for the jobless rate is higher than it was when president obama took office. we will hilton -- we will hear more about the unemployment number from both campaigns today. they are on the campaign trail with four days to go into the elections. president obama has three stops in ohio. coming up in about 15 minutes here on c-span, we will take you to the first stop of the day in hilltard outside columbus. the first lady michelle obama is campaigning in virginia today. at 5:30 eastern, we will take you to petersburg where she will be speaking with supporters. tonight on c-span, mitt romney and paul brian will be joined by their wives for a rally in west chester, ohio. another big names are appearing including condoleezza rice and senator john mccain this evening at 7:30 eastern and we will have that live on c-span. while we wait to hear from president o
today on the job market really mean? >> this is a great number for the economy. it basically mirrors what we're seeing in the growth of the gdp. we're seeing the trend moving in the right direction. the numbers have been improving for 29 consecutive months in terms of jobs growth. however, at the same anemic pace we're seeing with gdp. gdp of 2% or less. we're seeing job growth averaging somewhere around $150,000. i would point out that the positive revisions to the two previous months actually bowie the numbers overall. a good number for the economy. jenna: 150,000 jobs added what we're seeing every month. some people say listen that is barely enough to keep up with population growth. why isn't it faster, bob? why aren't we seeing more growth, more jobs? >> because corporations are holding money on their books. though don't know what the regulatory overhang is going to be. they don't know the outcome of the election and they don't know associated costs for things like health care, as well as other benefits that are out there. so rather than make the investment in employees, they're
of the debates on topics. do you like the format, one is for foreign affairs, one for the economy? >> in an ideal situation, the president deals of great deal with foreign policy, domestic policy, it makes sense to make sure you will not be so heavily weighted one way or another. for example, in the 2004 election, iraq was a huge issue. that might have been a time where the candidates would want to spend a lot more time on foreign policy. right now, most voters say the primary concern is the economy. so, i think maybe there needs to be a little more flexibility in combat. -- on that. i know candy was thinking about that -- on that. i know can be was thinking about that. >> they are given three debates. we did go back and look at what was covered thoroughly. one of them was education, and at one point the president but did meehan said -- looked at me and said we have not discussed education at all, and i said in my head, sorry, he spent the first 20 minutes of the first debate talking about education. we knew -- remember, the first questions all came from the town hall, so i could not just come of
on the economy. and so the first priority for any new president ought to be figuring out how we can reduce unemployment by some significant measure. >> jamelle bouie is with the american prospect magazine. he contends mitt romney's proposals to cut personal income and corporate taxes, reduce the size of government, roll back regulation and boost energy exploration could generate jobs but only over the long term. moody's analytics estimated that the president's proposed jobs act would have generated 1.9 million jobs through infrastructure projects, the rehiring of public employees, and tax credits. but the bill was blocked in congress. given that. >> it's simply the case that neither candidate has a plan for dealing with the immediate jobs crisis. >> there's not a whole lot of discussion going on about how to promote jobs right now. because what one would normally talk about is more stimulus, either more government spending or more tax cuts. but the deficit situation has now grown so bad that there's just no appetite for further borrowing at this time. >> maya macguineas runs the committee
and manufacturing. technology and innovation is drive cities. it takes cities to drive the national economies. it took a long time for us remember that. we are joined by an adjunct professor at wayne state. most importantly, he works for city governments. gordon feller, michael littlejohn and you have heard from carlo. it is very hard to moderate. all i want to do is tweet. i wanted to start with a question that really builds off of carlo's presentation. this can be a very broad conversation. we are talking about efficiency and how we manage congestion and lower energies. we are talking about the integration of data. we are talking about participation was social media, co-production of solution. david mentioned this. the united states is not quite at the vanguard of this. when i think it can just in, i think about singapore. he brought the copenhagen. i want to start with the ibm and cisco part part of the world. where do you see progress within cities? where in the u.s.? >> we can point to smarter transportation and public safety and health care. that is not necessarily a smarter city. a sma
, the economy expands at a moderate pace but that should have little impact on undecided voters. talk to me about the economy in the last four years in north carolina and what effect it is going to have in terms of getting out the vote and who people are going to vote for when they go to the polls. guest: that is why a lot of people assume that mitt romney will carry the state in 2012. this has been a very rough for years for the country, of course, but for north carolina in particular. the state's unemployment is 9.6%, one of the highest in the country. the main reason is that this is a very heavy manufacturing economy. the state has traditionally taken it on the chin with textiles and furniture. a lot of it was in decline anyway, losing their base overseas to foreign countries. the recession was a killer. those jobs are gone and gone for good. manufacturing -- the manufacturing states have been particularly hard hit by the recession. in addition, even some of the newer industries such as banking have been really hurt by some of the problems in the banking industry. a lot of people just as
Search Results 0 to 49 of about 104 (some duplicates have been removed)